Yield on Bulgaria’s 5-yr T-notes Falls to 3.71%
Thursday, 01 January 1970
The average weighted annual yield on Bulgaria's five-year Treasury notes fell to 3.71%, the lowest level since 2005, the finance ministry said on Tuesday.
The finance ministry sold 50 million levs ($33.9 million/25.6 million euro) worth of five-year T-notes, as dealers placed bids for 99.45 million levs worth of debt paper, the Bulgarian central bank, which auctions government securities on behalf of the finance ministry, said in a statement on its website.
The average weighted price of the approved bids was 102.57 per 100.0 levs of par value. The maximum annual yield was 3.75% and the minimum yield of 3.63%.
The issue matures on January 10, 2017.